Common use of Contributors Clause in Contracts

Contributors. Parent and its Subsidiaries have secured from all consultants, advisors, employees and independent contractors who independently or jointly contributed to or participated in the conception, reduction to practice, creation or development of any Parent-Owned IP Rights (each, a “Parent Author”), unencumbered and unrestricted exclusive ownership of, all of Parent Authors’ Intellectual Property rights in and to such Parent-Owned IP Rights that Parent or the applicable Subsidiary does not already own by operation of law, and have obtained the waiver by each Parent Author of all non-assignable rights in and to such Parent-Owned IP Rights. No Parent Author has retained any rights, licenses, claims or interest whatsoever with respect to any Parent-Owned IP Rights. Without limiting the foregoing, Parent has obtained written and enforceable proprietary information and invention disclosure and Intellectual Property rights assignments from all current and former Parent Authors with respect to all Parent-Owned IP Rights. Parent has provided to Company copies of all such forms currently and historically used by Parent and its Subsidiaries.

Appears in 2 contracts

Sources: Merger Agreement (Spark Networks SE), Agreement and Plan of Merger